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Eden Group
In this Group: Mananga, Teso, Seruzuba, Kalumuna, Kalimba, Paluku, Kaposo, Bahani
Teso is a courageous entrepreneur and the Vice-President of Eden Group. She's 36 years old and a mother of eight children, all of whom attend school. She trades in a variety second-hand products, while her spouse is also a trader of various products.

She applied for a loan from Hekima to increase the capacity of her business, which she started with funds received from her husband. In the future, Teso dreams of buying a plot of land, building a house, and continuing to educate and feed her children. She is thankful for Hekima and its support of small entrepreneurs who lack access to traditional banking loans.
View original language description ↓
La cliente Teso est une brave commerçante, vice présidente et membre du groupe d’affaires « EDEN », âgée de 36 ans, mère de 8 enfants qui tous scolarisés. Cette cliente est petit commissionnaire de divers articles (second hand). Son conjoint est un commerçant de divers produits. Elle a sollicité un crédit auprès de Hekima pour augmenter son chiffre d’affaire. Elle commença avec ses fonds propre reçu de son mari. Dans l’avenir elle souhaite acheter une parcelle, construire une maison, scolariser et nourrir ses enfants. Ainsi, elle remercie Hekima pour son soutien aux petits entrepreneurs non bancables.

Additional Information

More information about this loan


Important Information

HEKIMA is a microfinance institution headquartered in Goma, Democratic Republic of the Congo (DRC), with branch offices in Goma and Bukavu. HEKIMA aims to contribute to the transformation of the economic, social, and spiritual lives of the economically active poor of the DRC. To this end, HEKIMA provides its clients with solidarity group loans to support income-generating activities. Despite ongoing instability and violence in its operating areas, HEKIMA continues to keep its doors open and provide credit and savings services for its over 90% female clientele.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

About Congo (Dem. Rep.)

  • $119
    Average annual income
  • 14
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $10,225,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Eden Group's $9,500 loan helped a member to purchase various second-hand products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2014
Listed
Feb 22, 2014
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014